How to handle compensation during uncertain times

This is a preview. View original post on this site


When businesses go through a crisis resulting in abnormal (or interrupted) operations and significant economic challenges, many companies look to their compensation budgets as an obvious means of cutting costs.

The delicate balance is: How do you handle compensation during uncertain times to protect the financial health of your business but without losing valued employees?

This scenario could occur in any type of economic downturn or industry shift – really, anything that disrupts business continuity and impacts the bottom line.

Of course, a global pandemic such as COVID-19 is a prominent example of this. Depending on state and municipality,

Read Complete Article

,

Subscribe to Recruiting Headlines

* indicates required

RECRUITMENT MARKETPLACE


»Need an ATS? Try JazzHR


»Recruiting Webinars


»Free Rejection Email Templates


»Text Recruiting Solution


»Healthcare Recruiting


»HR Podcast Directory


»Recruiting Newsletters


»HR Tech News


»Freelance HR Jobs


»Recruiting & HR Jobs


»Career Site Audits


»Recruiter Ebooks

shares